robinhood/docs/archive/STRATEGY_MODE_QUICK_GUIDE.md

🎯 Strategy Mode Selector - Quick Start Guide

What Changed?

Your Daily Trading Plan now has a Strategy Mode Toggle that instantly reconfigures your entire trading setup!

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3 Modes Available

⚡ SCALP Mode

For: Quick profits, high frequency trading

Daily Target: $50 (vs $500 in Swing)
Max Loss: $12.50 (vs $250 in Swing)
Max Trades: 20/day
Time Frame: 1-minute charts
Stop Loss: 0.5% (TIGHT!)
Take Profit: 1% (QUICK!)
R:R Ratio: 1:1
Max Hold: 5 minutes

✅ Use When:
- You want daily income
- Market is choppy/ranging
- You have time to watch charts
- You execute fast (sub-1 second)

❌ Avoid When:
- Strong trend forming (waste of capital)
- Low volatility hours
- You're tired (speed matters!)

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📈 SWING Mode

For: Trend capture, multi-day holds

Daily Target: $500
Max Loss: $250
Max Trades: 3/day
Time Frame: Daily charts
Stop Loss: 2% (PROTECTIVE)
Take Profit: 8% (TREND CAPTURE!)
R:R Ratio: 1:3
Max Hold: 24+ hours

✅ Use When:
- Clear uptrend/downtrend visible
- RSI + EMA aligned
- Supporting news/fundamentals
- You want to sleep well

❌ Avoid When:
- Choppy, ranging market
- Before major events (FOMC, NFP)
- You're overconfident

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🎯 HYBRID Mode (RECOMMENDED)

For: Balanced trading, best of both worlds

Daily Target: $250
Max Loss: $125
Max Trades: 10/day
Time Frame: Both 1m and daily
Stop Loss: 1.25%
Take Profit: 4.5%
R:R Ratio: 1:2
Max Hold: 2 hours

Capital Allocation:
- 70% → SWING trades (trend capture)
- 30% → SCALP trades (daily income)

✅ Why HYBRID?
- Swings = less stressful, bigger profits
- Scalps = daily income, psychological comfort
- Combined = more total profit
- Reduced drawdown
- Better sleep quality

Example Day:
Morning: Enter swing trade (2000oz at $2020)
Throughout: Do 5-8 scalps (100oz each)
End of day: Swing still open, +$200 scalps captured

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How to Switch Modes

In Daily Trading Plan Component:

1. Open Daily Trading Plan (in Prep tab)
2. Look for Strategy Mode buttons (or card if desktop)
3. Click SCALP / SWING / HYBRID button
4. ✨ Plan auto-updates instantly!

That's it! Your:

• Daily target ✅
• Max loss ✅
• Entry zone ✅
• Stop loss ✅
• Take profit ✅
• Max trades ✅

All recalculate automatically!

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Side-by-Side Comparison

Entry Parameters

Feature	Scalp	Swing	Hybrid
Position Size	0.25% capital	2% capital	1.25% capital
Stop Distance	0.5%	2%	1.25%
Target Distance	1%	8%	4.5%

Time Parameters

Feature	Scalp	Swing	Hybrid
Chart TF	1m	Daily	Mixed
Max Hold	5 min	24+ h	2 hours
Avg Trade Time	1-3 min	1-5 days	30 min - 2h

Daily Limits

Feature	Scalp	Swing	Hybrid
Max Trades	20	3	10
Daily Target	$50	$500	$250
Max Daily Loss	$12.50	$250	$125

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💡 Pro Tips

For Scalpers Using SCALP Mode:

1. Set alerts on 1m candles ONLY
2. Close 50% at 0.5% profit, let 50% run to 1%
3. NO overnight holds - always flatten
4. Time entries with 0-1 min confirmation
5. Avoid 6pm-8pm EST (low volatility)
6. Avoid news events (too gappy)

For Swing Traders Using SWING Mode:

1. Enter only with trend confirmation:
   ✅ RSI > 50 (for long)
   ✅ EMA(20) > EMA(50) (uptrend)
   ✅ Price > Daily Support
2. Partial profit-taking at:
   - +33% profit = close 1/3
   - +66% profit = close 1/3
   - +100% profit = close 1/3 with trail
3. Never hold through news (NFP, FOMC, etc)
4. Use trailing stops after 1.5% profit

For Hybrid Traders Using HYBRID Mode:

Capital Split:
- $7,000 → Swing account (big trends)
- $3,000 → Scalp account (daily income)

Morning Routine:
1. Check daily chart for swing setup
2. If setup valid → Enter 70% of swing capital
3. Throughout day → Do 3-5 scalp trades
4. End day → Check swing P&L, add notes

Result:
- Swing captures big trends ($100-500)
- Scalps provide daily buffer ($50-100)
- Together: $150-600/day possible

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📊 Expected Results by Mode

SCALP Expected (per $10,000 account):

Win Rate Needed: 55%+
Avg Win: $25
Avg Loss: $25
Trades/Day: 15
Days/Month: 20

Monthly: 15 × 20 × $5 net = $1,500/month

SWING Expected (per $10,000 account):

Win Rate Needed: 50%+
Avg Win: $150
Avg Loss: $250
Trades/Day: 2-3
Days/Month: 20

Monthly: 3 × 20 × $50 net = $3,000/month

HYBRID Expected (per $10,000 account):

Swing component: $2,000/month
Scalp component: $600/month
Combined: $2,600/month

Less stressful, more consistent!

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⚠️ Common Mistakes to Avoid

Scalping Mistakes:

• ❌ Holding too long (5+ minutes)
• ❌ Ignoring spreads/slippage
• ❌ Trading during low volatility
• ❌ Revenge trading after loss
• ❌ Overleveraging position size

Swing Trading Mistakes:

• ❌ Entering without trend confirmation
• ❌ Holding through major events
• ❌ Ignoring support/resistance
• ❌ Not using trailing stops
• ❌ Averaging down on losers

Hybrid Mistakes:

• ❌ Mixing capital (use separate accounts)
• ❌ Scalping when swing signal present
• ❌ Not respecting allocation limits
• ❌ Overtrading one side

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Next Features Coming

• ✅ Strategy Mode Selector (DONE!)
• ⏳ Sub-5min Chart Support for Scalping
• ⏳ Trend Confirmation Filters for Swing
• ⏳ Partial Profit-Taking System
• ⏳ Execution Speed Metrics
• ⏳ Multi-timeframe Analysis

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Questions?

Which mode should I start with?

• New trader → HYBRID (balanced, less stressful)
• Impatient → SCALP (instant feedback)
• Patient → SWING (sleep well)
• Best money? → HYBRID (combines best of both)

Can I switch during the day?

• Yes! Just click the button
• Plan updates instantly
• All parameters recalculate
• No restarts needed

Do I have to pick one?

• No! HYBRID lets you do both
• Or switch based on market conditions
• Whatever maximizes YOUR profit

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Happy Trading! 🚀📊